Gillott Home Team

Albany, OR

Single-Family Homes

Keller Williams Realty Mid-Willamette



Albany, OR

Wed Dec 11 2019
This week the median list price for Albany, OR is $344,900 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has held steady at or around 271. Click here to stay informed with the Albany market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Albany, OR

Wed Dec 11 2019
This week the median list price for Albany, OR is $344,900 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has held steady at or around 271. Click here to stay informed with the Albany market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Albany market.
Median List Price $344,900
Per Square Foot $190
Days on Market 76
Price Decreased 34%
Price Increased 6%
Relisted 24%
Inventory 271
Median Rent $1,725
Most Expensive $4,350,000
Least Expensive $89,900
Market Action 32
Slight Seller's Advantage

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$520,000 2,638 0.25 - 0.5 acre 4 3 21 3 5 104
$374,900 2,080 8,000 - 10,000 sqft 4 2 5 4 2 92
$322,900 1,683 4,500 - 6,500 sqft 3 2 14 5 6 54
$259,450 1,286 6,500 - 8,000 sqft 3 2 42 5 5 54